The following PMP® exam sample question is taken from The Free PMP Exam Simulator at http://free.pm-exam-simulator.com - The answer is at the very bottom:

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In which type of contract is the seller reimbursed for performing the contract work and
receives a fixed fee payment calculated as a percentage of the estimated project cost?

A) Cost–plus-fee contract

B) Lump-sum contract

C) Cost-plus-fixed-fee contract

D) Cost-plus-incentive-fee contract

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The Correct Answer is C.